1/2: #ClassicRichardEpstein: The Interest capture the Regulators. @RichardAEpstein

Photo:   One of the main US regulatory agencies.  
@Batchelorshow


1/2: #ClassicRichardEpstein: The Interests capture the Regulators. @RichardAEpstein

Theory of Regulatory Capture* by the Regulated. Richard A Epstein, Tisch Professor of Law NYU Bedford Senior Fellow; Hoover Institution; senior lecturer, University of Chicago Law School.   @RichardAEpstein

*Regulatory agencies come to be acquired by the interests they regulate and not by the public interest.